Personal Loan | 19 February 2020-06 July 2020
Get fast cash from 4.50% p.a. to empower your finances
*Applicable for facility amount RM30,000 and above. For facility amount RM5,000 – RM29,000, applicable flat interest/profit rate is 5.50% p.a.
**Exclusively for customers who received an invitation from the Bank to participate in this campaign. Terms & conditions apply, additional income documents may be required.
Our rate is on a flat rate basis, depending on financing amount
Flat Interest/Profit Rate
RM5,000 – RM29,000
2 to 5 years
RM30,000 – RM250,000
(up to RM150,000 Personal Financing-i)
Note: Effective Interest/Profit Rates vary depending on the loan/financing-i tenures of 2 – 5 years as below:
(i) Flat rate 4.50%p.a. – Effective interest/profit rates vary from 8.29%p.a. to 8.41%p.a
(ii) Flat rate 5.50%p.a. – Effective interest/profit rates vary from 10.01%p.a. to 10.23%p.a.
0.50% of the facility amount will be deducted upon disbursement for stamp duty payable.
Illustration of Instalments
Assuming your total approved facility amount is RM30,000 with 5 years financing tenure
Refer to the Fees and Charges applicable below to Personal Loan/Financing-i.
For more information, you may refer to our Product Disclosure Sheet available here for Personal Loan and here for Personal Financing-i.
Stamp Duty Fee
0.50% of the disbursed facility amount for every approved facility
A nominal fee of RM2.00 will be charged on every Interbank Giro (IBG), if any
Late Payment Charge
(applicable to Personal Loan)
1% p.a. on the arrears of outstanding for each facility (daily rest basis)
No charges/fees to be imposed provided 3 months’ written notice is given to the Bank prior to the early settlement. Otherwise, payment of 3 months’ interest on the amount redeemed is applicable.
(For Personal Financing-i, payment in lieu of notice is not applicable – customers are required to provide 3 months’ written notice should they opt for early settlement)
Compensation Charges (applicable to Personal Financing-i)
For default payment during facility tenure = 1% p.a. on the overdue instalment amount
For default payment causing the facility to be terminated or brought to court = 1% p.a. on the outstanding balance (outstanding principal plus accrued profit)
For default payment after expiry of facility tenure = BNM Islamic Interbank Money Market (“IIMM”) rate on the outstanding balance (outstanding principal plus accrued profit)
For default payment post judgment = IIMM rate on the basic judgment sum
*Subject to Government Tax, if applicable
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